structures in europe and in the u.s. but there's another reason. the reason is, that has been said this morning, of course, economy is not always and only about data, but it's also about hegemony. it's a fight about ideas and the question is what kind of ideas? give you one little example. when we are talking about the europe crisis in europe, conservatives have reached one thing. the euro crisis on their view, and that is agreed on by many politicians and also by the public, the euro crisis is a crisis and has its reasons, in the public deficit. this is only one small part that they succeeded in bringing this view through, and it's also, that has consequences of course for economic policies. and, therefore, it's very important, and, of course, american economic debate has huge influence on european debates. it's very important that we are talking together, that we are working together and that we are trying to make a more differentiated approach on what and how to make policies engage the crisis. and that is, that is important because, and let me say that, because this room is ful
